Financial Performance - In 2023, the company achieved operating revenue of RMB 60.068 billion and net profit attributable to shareholders of RMB 19.721 billion, with total assets reaching RMB 1.45 trillion[5]. - Total revenue for 2023 was RMB 83,725 million, a decrease of 2.58% compared to RMB 85,941 million in 2022[36]. - Operating profit for 2023 was RMB 25,544 million, down 9.67% from RMB 28,277 million in 2022[36]. - Net profit attributable to shareholders for 2023 was RMB 19,721 million, reflecting a decline of 7.49% from RMB 21,317 million in 2022[36]. - Total assets increased to RMB 1,453,359 million in 2023, representing an 11.06% growth from RMB 1,308,603 million in 2022[36]. - Total liabilities rose to RMB 1,179,160 million, a 12.28% increase compared to RMB 1,050,231 million in 2022[36]. - Basic earnings per share for 2023 were RMB 1.30, down 8.45% from RMB 1.42 in 2022[37]. - The weighted average return on equity for 2023 was 7.81%, a decrease of 0.86 percentage points from 8.67% in 2022[37]. - The total equity attributable to shareholders increased to RMB 268,840 million, a 6.21% rise from RMB 253,118 million in 2022[36]. Market Position and Business Operations - The company ranked first in the market for underwriting scale in the Sci-Tech Innovation Board, Growth Enterprise Market, and Beijing Stock Exchange, with a total underwriting scale of RMB 2.2 trillion[5]. - The company completed 140 A-share underwriting projects in 2023, with an underwriting scale of RMB 277.91 billion, holding a market share of 24.50%, ranking first in the market[54]. - The company ranked first in the market for A-share IPOs with 34 projects and an underwriting scale of RMB 50.03 billion, capturing a market share of 14.03%[54]. - The company underwrote a total of 4,200 bonds in 2023, with an underwriting scale of RMB 1,909.99 billion, a year-on-year increase of 21.01%[58]. - The company achieved a market share of 3.55% in the offshore bond business, underwriting a total of USD 2.418 billion in 134 bond issuances[58]. - The company has a strong presence in both A-shares and H-shares, listed on the Shanghai Stock Exchange and Hong Kong Stock Exchange respectively[18]. - The company has established a comprehensive network for information disclosure, including designated newspapers and official websites[17]. Risk Management - The company faces significant risks including market, credit, and compliance risks, which are currently the main concerns[11]. - A comprehensive risk management system has been established to ensure risks are measurable, controllable, and bearable[11]. - The company is focused on optimizing business processes and risk control measures continuously[11]. - The company is committed to maintaining compliance with national laws and regulations to mitigate legal and compliance risks[11]. - The company has implemented a three-tier risk management system involving the board's risk management committee and operational management[151]. - The company employs Value at Risk (VaR) as the primary indicator for measuring overall market risk status[156]. Corporate Social Responsibility and ESG - The company has made a cumulative donation of RMB 55.17 million for social welfare and rural revitalization efforts[6]. - The company has improved its MSCI ESG rating to A for two consecutive years, reflecting its commitment to social responsibility[6]. - The company’s social responsibility investment totaled RMB 55.17 million in 2023, benefiting 69,700 people[184]. - The company’s first ESG-themed product, the CITIC Securities Fixed Income ESG Strategy No. 1 private placement plan, reached a scale of approximately RMB 210 million by the end of 2023, with at least 80% of the investment directed towards ESG-themed securities[177]. - The company actively promoted the "Clean Plate Campaign" to reduce food waste, implementing measures such as offering smaller portion sizes and promoting the use of biodegradable utensils[170]. - The company has implemented water-saving measures and recycling plans to enhance water resource efficiency in its operations[169]. Shareholder Returns and Dividends - The company has proposed a cash dividend of RMB 4.75 per 10 shares, subject to shareholder approval[3]. - The company issued a cash dividend of RMB 4.90 per 10 shares for the 2022 fiscal year, amounting to 34.88% of the net profit attributable to shareholders[186]. - The company plans to distribute a cash dividend of RMB 4.75 per 10 shares, totaling approximately RMB 7.04 billion, which accounts for 36.67% of the net profit attributable to ordinary shareholders for 2023[188]. Business Expansion and Development - The company is focused on enhancing its global business layout and service capabilities to support the long-term development of clients[7]. - The company plans to continue optimizing risk management and compliance systems to address various financial risks effectively[7]. - The company aims to improve its global business layout and enhance international competitiveness and influence[47]. - The company plans to enhance its service capabilities in technology innovation, advanced manufacturing, and green development in 2024[48]. - The company aims to expand its global wealth management product and service system, enhancing competitiveness in the global market[69]. Awards and Recognition - The company received multiple awards in 2023, including "Outstanding Bond Underwriter" and "Best Practice Case of the Board of Directors" from the China Securities Association[30]. - The company has been recognized as one of the top 50 brands in China by Interbrand in 2023[30]. - The company has been awarded the "Best Investment Bank" by Wind for 2022[30]. - The company has been recognized for its ESG practices, receiving multiple awards in the securities industry[30].
中信证券(06030) - 2023 - 年度业绩